On Thursday, Zynga Inc (NASDAQ:ZNGA)’s shares dwindled -17.93%, and closed at $2.38, as The return of Zynga founder Mark Pincus as the digital game maker’s CEO is bringing back bad memories about the problems that prompted him to step down as the corporation’s leader nearly two years ago.
The company holds the market capitalization of $2.61B. The stock return on equity value is - 11.60%, while return on assets value is -9.40%, in response to its return on investment value of - 12.50%. Its 20-day moving average declined -12.72%, and the stock moved below 50-day moving average of -7.93%. The mean recommendation of analysts for this stock is 2.90.(where 1=Buy, 5=Sale).
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe. The corporation offers its online social games under the FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots, CSR Racing, FarmVille 2: Country Escape, NFL Showdown, New Zynga Poker, New Words With Friends, Wizard of Oz Slots, Looney Tunes Dash!, CSR Classics, and Clumsy Ninja names.
Ladenburg Thalmann Financial Services (NYSEMKT:LTS)’s shares dropped -9.21%, and settled at $3.55, during the last trading session on Thursday, Ladenburg Thalmann Financial Services (LTS), declared the commencement of an underwritten offering of 3,500,000 shares of its ordinary stock. In connection with the projected offering, the Corporation intends to grant the underwriters for the offering an option to purchase up to an additional 525,000 shares of the Corporation’s ordinary stock.
UBS Securities LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., and BB&T Capital Markets, a division of BB&T Securities, LLC are acting as joint book-running managers for the offering. Oppenheimer & Co. Inc., Wunderlich Securities, Inc., JMP Securities LLC, Stephens Inc., Ladenburg Thalmann & Co. Inc., a partner of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), and Sandler O’Neill & Partners, L.P. are acting as co-managers for the offering.
Ladenburg Thalmann Financial Services Inc., through its auxiliaries, provides brokerage and advisory, investment banking, equity research, institutional sales and trading, asset administration, life insurance brokerage, and trust services in the United States. Its Independent Brokerage and Advisory Services segment offers securities brokerage and advisory services for mutual funds, variable annuities, and advisor managed accounts; and trust administration of personal and retirement accounts, estate and financial planning, wealth administration, and custody services.
At the end of Thursday’s trade, Cheetah Mobile Inc (ADR) (NYSE:CMCM)’s shares dipped - 9.16%, and closed at $22.02, after Cheetah Mobile (CMCM), declared that it has signed a commercial contract with Nanigans, Inc. (“Nanigans”), a leading worldwide provider of social and mobile advertising software and pioneer in advertising automation software. The commercial contract comes in conjunction with Cheetah Mobile’s recent planned investment as the lead investor in Nanigans US$24 million Series B financing.
Following the commercial contract between Cheetah Mobile and Nanigans, Cheetah Mobile will be the exclusive partner of Nanigans in the Greater China region to manage campaigns for advertisers using Nanigans advertising automation software. In addition, Nanigans will be the exclusive third-party advertising automation software provider used by Cheetah Mobile for advertising spend in certain social and mobile apps, until the end of the term of the commercial contract. Furthermore, Nanigans presently plans to integrate Cheetah Mobile’s advertising inventory onto the Nanigans platform, and the two companies will cooperate on co-marketing activities.
Ric Calvillo, co-founder and CEO of Nanigans, stated, “Asia Pacific is the second largest digital ad market worldwide, with China representing more than half of the region’s spend, according to eMarketer.* Cheetah Mobile, a leading mobile Internet corporation in the region, shares Nanigans’ commitment to developing best-in-class technology and delivering true value to advertisers worldwide. We look forward to this planned partnership and using our collective social and mobile expertise to enable more advertisers in Greater China to benefit from our software.”
Cheetah Mobile Inc. operates a platform that offer mission critical applications for its users and global content distribution channels for its business partners in the Peoples Republic of China. The corporations mission critical applications optimize Internet and mobile system performance and provide real time protection against known and unknown security threats.
China Ming Yang Wind Power Group Ltd (NYSE:MY), ended its Thursday’s trading session with -5.48% loss, and closed at $2.76, as China Ming Yang Wind Power Group (MY), declared its unaudited financial results for the fourth quarter and the full year ended December 31, 2014.
Fourth Quarter 2014 Operating and Financial Highlights:
- Total wind turbine generators (“WTGs”) commissioned for which proceed was recognized amounted to an equivalent wind power project output of 638.0MW, or 280 units of 1.5MW WTGs and 109 units of 2.0MW WTGs, an raise of 263.5% contrast to 175.5MW in Q4 2013.
- Total proceed was RMB1,996.0 million (US$321.7 million), an raise of 268.8% contrast to RMB541.2 million in Q4 2013.
- Gross profit was RMB271.9 million (US$43.8 million), contrast to a gross loss of RMB20.0 million in Q4 2013. Gross margin was 13.6%, contrast to a negative gross margin of 3.7% in Q4 2013.
- Total comprehensive revenue was RMB80.9 million (US$13.0 million), contrast to total comprehensive loss of RMB501.9 million in Q4 2013.
- Basic and diluted earnings per share were RMB0.68 (US$0.11) and RMB0.66 (US$0.11), respectively, contrast to basic and diluted loss per share of RMB3.36 and RMB3.36, respectively, in Q4 2013.
Full Year 2014 Operating and Financial Highlights:
- Total WTGs for which proceed was recognized amounted to an equivalent wind power project output of 1,852.0MW, or 844 units of 1.5MW WTGs and 293 units of 2.0MW WTGs, a raise of 112.4% contrast to 872.0MW in 2013.
- Total proceed was RMB5,872.4 million (US$946.5 million), an raise of 106.4% contrast to RMB2,844.8 million in 2013.
- Gross profit was RMB813.1million (US$131.0 million), a raise of 210.0% contrast to RMB262.3 million in 2013. Gross margin was 13.8%, contrast to 9.2% in 2013.
- Total comprehensive revenue was RMB350.0 million (US$56.4 million), contrast to a total comprehensive loss of RMB656.1 million in 2013.
- Basic and diluted earnings per share were RMB2.90 (US$0.47) and RMB2.86 (US$0.46), contrast to basic and diluted loss per share RMB4.12 and RMB4.12, respectively, in 2013.
China Ming Yang Wind Power Group Limited designs, manufactures, sells, and services megawatt-class wind turbines in the People’s Republic of China and the Republic of India. The corporation provides wind turbines with a rated power capacity of 1.5MW and 2.0MW; and 2.5/3.0MW SCD wind turbines. It also manufactures and sells wind turbine blades and components.
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